Ares Capital Corporation $ARCC Position Cut by Palacios Wealth Management LLC

23 Apr 2026, 08:18 by Scott Moore · The Cerbat Gem

Palacios Wealth Management LLC trimmed its stake in Ares Capital Corporation (NASDAQ:ARCC – Free Report) by 63.2% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 16,085 shares of the investment management company’s stock after selling 27,604 shares during the quarter. Palacios Wealth Management LLC’s holdings in Ares Capital were worth $325,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in ARCC. Partners Group Holding AG increased its holdings in shares of Ares Capital by 4.8% during the third quarter. Partners Group Holding AG now owns 1,767,154 shares of the investment management company’s stock valued at $36,068,000 after purchasing an additional 80,885 shares during the period. International Assets Investment Management LLC increased its holdings in shares of Ares Capital by 33.9% during the third quarter. International Assets Investment Management LLC now owns 275,891 shares of the investment management company’s stock valued at $5,557,000 after purchasing an additional 69,844 shares during the period. Investment Partners Asset Management Inc. acquired a new position in shares of Ares Capital during the fourth quarter valued at $1,314,000. Prevail Innovative Wealth Advisors LLC acquired a new position in shares of Ares Capital during the third quarter valued at $1,430,000. Finally, Sound Income Strategies LLC increased its holdings in shares of Ares Capital by 5.6% during the fourth quarter. Sound Income Strategies LLC now owns 2,616,789 shares of the investment management company’s stock valued at $54,691,000 after purchasing an additional 138,857 shares during the period. 27.38% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. B. Riley Financial reaffirmed a “buy” rating on shares of Ares Capital in a report on Monday, February 9th. Wall Street Zen cut Ares Capital from a “hold” rating to a “sell” rating in a research note on Saturday, February 7th. Weiss Ratings reissued a “hold (c+)” rating on shares of Ares Capital in a research note on Monday, December 29th. Keefe, Bruyette & Woods dropped their price target on Ares Capital from $22.00 to $21.00 and set an “outperform” rating on the stock in a research note on Thursday, April 16th. Finally, UBS Group dropped their price target on Ares Capital from $21.00 to $19.00 and set a “neutral” rating on the stock in a research note on Friday, March 13th. Seven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $21.13.

View Our Latest Analysis on ARCC

Ares Capital Trading Up 0.7%

Shares of NASDAQ ARCC opened at $19.10 on Thursday. The stock has a market cap of $13.71 billion, a price-to-earnings ratio of 10.27 and a beta of 0.58. The business has a 50 day simple moving average of $18.57 and a 200 day simple moving average of $19.63. Ares Capital Corporation has a 52 week low of $17.40 and a 52 week high of $23.42. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.70 and a current ratio of 1.70.

Ares Capital (NASDAQ:ARCC – Get Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The investment management company reported $0.50 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.50. Ares Capital had a return on equity of 9.89% and a net margin of 42.56%.The business had revenue of $793.00 million for the quarter, compared to the consensus estimate of $795.20 million. During the same period last year, the business earned $0.55 EPS. The firm’s revenue was up 4.5% compared to the same quarter last year. On average, research analysts predict that Ares Capital Corporation will post 1.93 earnings per share for the current fiscal year.

Ares Capital Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 13th were issued a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 10.1%. The ex-dividend date was Friday, March 13th. Ares Capital’s payout ratio is 103.23%.

Insider Activity at Ares Capital

In other Ares Capital news, CEO Michael Kort Schnabel purchased 12,500 shares of the business’s stock in a transaction dated Thursday, February 5th. The stock was bought at an average cost of $19.13 per share, for a total transaction of $239,125.00. Following the completion of the acquisition, the chief executive officer directly owned 40,500 shares in the company, valued at $774,765. This represents a 44.64% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Scott C. Lem purchased 5,186 shares of the business’s stock in a transaction dated Friday, February 6th. The shares were acquired at an average price of $19.29 per share, with a total value of $100,037.94. Following the completion of the acquisition, the chief financial officer owned 39,463 shares of the company’s stock, valued at approximately $761,241.27. The trade was a 15.13% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 0.49% of the stock is currently owned by insiders.

About Ares Capital

(Free Report)

Ares Capital Corporation (NASDAQ: ARCC) is a publicly traded business development company (BDC) that specializes in providing debt and equity financing solutions to U.S. middle-market companies. As a BDC, Ares Capital offers investors access to a diversified portfolio of tailored credit investments, including senior secured loans, unitranche financing, mezzanine debt and equity co-investments. The firm’s flexible capital structures are designed to support companies seeking growth capital, refinancing or strategic acquisitions.